Construction Partners, Inc. ROAD

Industrials SIC 1600 - Heavy Construction Other Than Bldg Const - Contractors NAICS Construction › Heavy and Civil Engineering Construction derived Nasdaq

We are a civil infrastructure company that specializes in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. Through our wholly owned subsidiaries, we provide a variety of products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Consistent with our vertical integration strategy, our primary operations consist of (i) manufacturing and distributing hot mix asphalt ("HMA") for both internal use and sales to third parties in connection with construction projects, (ii) paving activities, including the construction of roadway base layers and application of asphalt pavement, (iii) site development, including the installation of utility and drainage systems, (iv) mining aggregates, such as sand, gravel and construction stone, that are used as raw materials in the production of HMA and for sales to third parties, and (v) distributing liquid asphalt cement for both internal use and sales to third parties in connection with HMA production.

Last close 83.04 2026-10-23
Market cap $4.64B estimated share count
52-week range 79.33 - 151.00

Valuation FY2025 figures against the last close

P/S1.7x
P/E45.1x
P/FCF30.3x
EV/EBITDA16.5x
Dividend yield—
Diluted EPS1.84

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.81B$1.82B$1.56B$1.30B$910.7M$785.7M$783.2M$680.1M$568.2M—
Cost of revenue $2.37B$1.57B$1.37B$1.16B$790.8M$663.5M$665.3M$580.6M$477.2M—
Gross profit $439.1M$258.3M$196.4M$139.3M$119.9M$122.2M$118.0M$99.5M$91.0M—
SG&A $199.3M$147.6M$126.5M$107.6M$91.9M$68.6M$62.7M$55.3M$47.9M—
Operating income $224.8M$111.2M$81.9M$35.4M$30.1M$55.2M$57.1M$61.4M$46.6M—
Interest expense $90.4M$19.1M$17.3M$7.7M$2.4M$3.1M$1.9M$1.3M$4.0M—
Pre-tax income $134.5M$92.1M$65.4M$28.3M$28.5M$52.5M$55.7M$60.1M$40.8M—
Income tax $32.7M$23.2M$16.4M$6.9M$8.3M$12.8M$13.9M$10.5M$14.7M—
Net income $101.8M$68.9M$49.0M$21.4M$20.2M$40.3M$43.1M$50.8M$26.0M—
EPS, basic 1.851.330.950.410.390.780.841.110.63—
EPS, diluted 1.841.310.940.410.390.780.841.110.63—
Shares, diluted (wtd. avg.) 55.4M52.6M52.3M52.0M51.8M51.6M51.4M45.9M41.6M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $156.1M$74.7M$49.1M$35.6M$57.3M$148.3M$80.6M$99.1M$27.5M$51.1M
Inventory $155.1M$106.7M$84.0M$74.2M$53.8M$38.6M$34.3M$24.6M$17.5M—
Total current assets $934.8M$585.0M$473.4M$417.2M$300.0M$331.6M$280.0M$267.5M$175.1M—
Property, plant and equipment $1.15B$629.9M$505.1M$481.4M$404.8M$237.2M$205.9M$178.7M$115.9M—
Goodwill $943.3M$231.7M$159.3M$129.5M$85.4M$46.3M$38.5M$32.9M$30.6M$30.0M
Other intangibles $79.2M$20.5M$19.5M$16.0M$4.2M$3.2M$3.4M$3.7M$2.5M—
Total assets $3.24B$1.54B$1.22B$1.10B$806.6M$628.1M$531.8M$496.3M$328.6M—
Accounts payable $284.2M$182.6M$151.4M$130.5M$86.4M$64.7M$70.4M$63.5M$52.4M—
Short-term debt $38.5M$26.6M$15.0M$12.5M$10.0M$13.0M$7.5M$14.8M$10.0M—
Total current liabilities $582.0M$380.5M$279.2M$226.1M$158.0M$135.8M$128.2M$134.5M$114.5M—
Long-term debt $1.57B$487.0M$360.7M$363.1M$206.2M$79.1M$42.5M$48.1M$47.1M—
Total liabilities $2.33B$968.4M$703.1M$639.6M$397.7M$242.9M$188.2M$196.8M$176.4M—
Retained earnings $417.0M$315.2M$246.3M$197.3M$175.9M$155.7M$115.6M$72.5M$21.7M—
Total equity $912.0M$573.7M$516.6M$455.9M$408.9M$400.8M$343.6M$299.5M$152.2M$156.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $291.3M$209.1M$157.2M$16.5M$48.5M$105.2M$55.3M$66.1M$46.9M—
Depreciation and amortisation $144.0M$80.0M$68.9M$68.9M$49.5M$39.3M$31.2M$25.3M$21.1M—
Stock-based compensation $37.0M$14.4M$10.8M$8.0M$3.5M$1.6M$957.0K$975.0K$513.0K—
Capital expenditure $137.9M$87.9M$97.8M$68.9M$56.3M$52.6M$42.5M$42.8M$24.4M—
Investing cash flow -$1.28B-$307.6M-$143.4M-$197.3M-$263.4M-$79.4M-$60.2M-$89.6M-$30.7M—
Financing cash flow $1.07B$126.1M-$264.0K$159.1M$123.8M$41.9M-$13.6M$95.1M-$39.8M—
Dividends paid ———————$0$31.3M—
Buybacks $23.5M$11.3M$139.0K$39.0K$0$0————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-25-053871.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B Revenue, FY2017: 568.2M Gross profit, FY2017: 91M Net income, FY2017: 26M Revenue, FY2018: 680.1M Gross profit, FY2018: 99.5M Net income, FY2018: 50.8M Revenue, FY2019: 783.2M Gross profit, FY2019: 118M Net income, FY2019: 43.1M Revenue, FY2020: 785.7M Gross profit, FY2020: 122.2M Net income, FY2020: 40.3M Revenue, FY2021: 910.7M Gross profit, FY2021: 119.9M Net income, FY2021: 20.2M Revenue, FY2022: 1.3B Gross profit, FY2022: 139.3M Net income, FY2022: 21.4M Revenue, FY2023: 1.6B Gross profit, FY2023: 196.4M Net income, FY2023: 49M Revenue, FY2024: 1.8B Gross profit, FY2024: 258.3M Net income, FY2024: 68.9M Revenue, FY2025: 2.8B Gross profit, FY2025: 439.1M Net income, FY2025: 101.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $568.2M $680.1M $783.2M $785.7M $910.7M $1.30B $1.56B $1.82B $2.81B
Gross profit — $91.0M $99.5M $118.0M $122.2M $119.9M $139.3M $196.4M $258.3M $439.1M
Net income — $26.0M $50.8M $43.1M $40.3M $20.2M $21.4M $49.0M $68.9M $101.8M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Regulation FD disclosure Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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KBR KBR, INC. $4.95B 12.2x 1.0%
GVA GRANITE CONSTRUCTION INC $4.66B 27.6x 10.4%
ORN Orion Group Holdings Inc $352.6M 145.2x 7.0%
SHIM Shimmick Corp $95.9M — 2.6%
SLND Southland Holdings, Inc. $40.3M — -21.2%